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Thread: Is being a moderator at a hyip forum, being ethical?

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    lrapshop is offline Member
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    Is being a moderator at a hyip forum, being ethical?

    I just wonder what you think. Being a moderator at a hyip forum, you know they will be scammed anyway. So actually they should block every program.
    But still they let them do their work on their? And they got paid via the earnings of the advertisers? aka scammers, spammers, whatever you can call them.

    I want your opinion about it, do you think its ethical or unethical?

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    consolidation is offline Godwin's is straw
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    Re: Is being a moderator at a hyip forum, being ethical?

    Is it ethical or not?... is really a cultural consideration, maybe a more pertinent query would be... is it legal in the particular country / countries you are targeting?

    Unfortunately, you have been informed of this previously, this issue and the parameters for being assessed as tolerable wrt western ethics has already been well outlined by LRM lrapshop.com another scammy shop owned by an old hyip monitor!!!

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    lrapshop is offline Member
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    Re: Is being a moderator at a hyip forum, being ethical?

    I know it wasnt right, it was unethical... even with the use of a disclaimer. Thats the reason I stopped with it! But since I saw many hyip moderators here who give me a kick in the but, I was asking myself... are they than ethical?

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    Re: Is being a moderator at a hyip forum, being ethical?

    No way are they ethical - they are enablers of unsustainable and illegal programs and as such are enabling and profiting from fraud.

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    Fgold is offline Banned
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    Re: Is being a moderator at a hyip forum, being ethical?

    Quote Originally Posted by lrapshop View Post
    I just wonder what you think. Being a moderator at a hyip forum, you know they will be scammed anyway. So actually they should block every program.
    But still they let them do their work on their? And they got paid via the earnings of the advertisers? aka scammers, spammers, whatever you can call them.

    I want your opinion about it, do you think its ethical or unethical?
    LOL it looks like you don't know anything about how a forum is being managed. The one who deals with advertisers is the admin and not the mod!
    So in your view if a thief goes for shopping and buys a product(a pistol for example...) that means that the seller is being unethical??? Seller was just selling his product and has NO fault about buyers intentions and NO fault about the bad usage of the produt!!... And if you have looked at advertisements disclaimers you can realize that most places are not responsible for the kind of businesses showed in their ads....
    I know a bank who bought TV ads and few years ago it went to bankrupcy and people lost their investments/deposits so the TV channel who received money from that ads is also guilty??? Obviously not! Site advertisements are just products/services that can be sold and any site/forum needs to sell ad space to survive...
    The intention of any forum is to selling certain type of ads. HYIP is among one of them. There is nothing wrong in it.
    And what about you Ben?? Do you accept hyip admins or any potencial criminals to buy products in your shopping service or not?? How you can recognize if your buyer is a criminal or not??? So if someone buys a knife in your shop and use it to kill somebody, so are you also responsible for that??? The same happens in hyip forum ads, the owner can't be responsible for the bad usage of that product/service and that is written in the forum's disclaimers!

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    path2prosperity is offline Elite Scambuster
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    Re: Is being a moderator at a hyip forum, being ethical?

    Quote Originally Posted by consolidation View Post
    Is it ethical or not?... is really a cultural consideration, maybe a more pertinent query would be... is it legal in the particular country / countries you are targeting?
    That is the point which I was going to make "consolidation." There are jobs in plenty of High Street betting shops in the UK, where employees get paid out of the punter's losses. It is legal to work in a betting shop in UK but I have no desire to work in one. I have turned down offers to work as a mod in several cyberspace forums because I had not a clue what was or was not legal in the British corner of cyberspace, until fairly recently.

    If I was really desperate to keep a roof over my head and had to earn from somebody elses's losses, I would rather work in a betting shop in my own country than in some untamed corner of cyberspace where I could only get paid in some foreign currency.

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    lrapshop is offline Member
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    Re: Is being a moderator at a hyip forum, being ethical?

    thanku for your view, my view has kinda changed. Fgold has a point in some way.

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    Re: Is being a moderator at a hyip forum, being ethical?

    Quote Originally Posted by lrapshop View Post
    I just wonder what you think. Being a moderator at a hyip forum, you know they will be scammed anyway. So actually they should block every program.
    But still they let them do their work on their? And they got paid via the earnings of the advertisers? aka scammers, spammers, whatever you can call them.

    I want your opinion about it, do you think its ethical or unethical?
    Nothing wrong with being a mod at a hyip forum.....Unless you use the mod position to profit from the scams...(JMO)...
    ʎɐqǝ uo pɹɐoqʎǝʞ ɐ ʎnq ı ǝɯıʇ ʇsɐן ǝɥʇ sı sıɥʇ

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    Re: Is being a moderator at a hyip forum, being ethical?

    Quote Originally Posted by lrapshop View Post
    Being a moderator at a hyip forum, you know they will be scammed anyway.
    They won't be scammed by the forums themselves unless they decide to purchase useless upgrades. Nothing wrong with being a mod anywhere. If you are an ethical mod, you'll be an ethical mod even in a den of thieves. Might even make some of the members more ethical as well.

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    lrapshop is offline Member
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    Re: Is being a moderator at a hyip forum, being ethical?

    Ok, but here it goes...

    I can understand forums are just "information" and discussings about it.
    The thing is, I get blaimed that I was a monitor. People paid advertising and bought banners (just the same as forums). In all the objectivity, I voted when they paid and I updated my website on that. What does make a monitor diffrent than a forum?
    Since the same disclaimers are used...

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    littleroundman is offline Administrator
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    Re: Is being a moderator at a hyip forum, being ethical?

    Quote Originally Posted by lrapshop
    What does make a monitor diffrent than a forum?
    The same thing that makes a Volkswagen different than a Porsche.

    They may both have 4 wheels, look similar and accomplish similar tasks.

    They are, however, NOT the "same" by anyone's standards
    The only thing necessary for the triumph of evil is for good men to do nothing

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    Re: Is being a moderator at a hyip forum, being ethical?

    Quote Originally Posted by lrapshop View Post
    What does make a monitor diffrent than a forum?
    More or less the same difference as between television networks and individual types of programs.
    Quote Originally Posted by lrapshop View Post
    Since the same disclaimers are used...
    You can't use the same disclaimers. To monitor HYIPs, you have to participate in them. That makes you directly involved as opposed to being a third party advertiser like forums that sell ad spots. You can't be protected by the First Amendment like the forums.

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    Re: Is being a moderator at a hyip forum, being ethical?

    Quote Originally Posted by okosh View Post
    Nothing wrong with being a mod at a hyip forum.....Unless you use the mod position to profit from the scams...(JMO)...
    I have a genuine problem with that argument. Even if the mod doesnt participate or profit from any of the scams discussed, the HYIP forums wouldn't even be there without the existence of illegal HYIPs. Ergo any participation that isn't attempting to call out the programs for what they are doesnt seem very ethical to me. JMHO

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    Re: Is being a moderator at a hyip forum, being ethical?

    Quote Originally Posted by Lil Ol' Radical Me View Post
    HYIP forums wouldn't even be there without the existence of illegal HYIPs.
    Sure they would. There are plenty of online making opps that are not HYIPs. If the forums are diverse enough in terms of the topics discussed, the forums will still be there even if the whole HYIP industry goes to hell.

    For example, a mod in the GPT section doesn't need to know anything about HYIPs past the basics. A mod in the e-currency section doesn't need to know anything about HYIPs past the basics. Etc. The only mods who need to know quite a bit about HYIPs are those modding the HYIP section. And you can't know quite a bit about HYIPs without getting involved into HYIPs. General knowledge is simply not enough to mod correctly.

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    Re: Is being a moderator at a hyip forum, being ethical?

    Quote Originally Posted by Finix View Post
    Sure they would. There are plenty of online making opps that are not HYIPs. If the forums are diverse enough in terms of the topics discussed, the forums will still be there even if the whole HYIP industry goes to hell.

    For example, a mod in the GPT section doesn't need to know anything about HYIPs past the basics. A mod in the e-currency section doesn't need to know anything about HYIPs past the basics. Etc. The only mods who need to know quite a bit about HYIPs are those modding the HYIP section. And you can't know quite a bit about HYIPs without getting involved into HYIPs. General knowledge is simply not enough to mod correctly.
    Well the original question was "Is being a moderator at a hyip forum, being ethical?" I can't see why one would describe a forum as a HYIP forum if it's principal content was anything other than HYIPs. I suppose I could have answered, "only if the threads they are moderating on the HYIP forum have nothing to do with hyips" but I think that is stretching a point too far. There are many online opps that are not HYIPs, but there are many that are also illegal or unsustainable, and are ethically no better than hyips, so the same opinion applies. Legal sustainable online business opportunities do not abound as much as some people would like to think and they are generally business specific and found on business specific forums.

    I have to ask you, what on earth would someone want to discuss non-hyip, legal, sustainable business opportunities on a forum where it's principal opportunities are illegal?

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    Finix is offline Banned
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    Re: Is being a moderator at a hyip forum, being ethical?

    Quote Originally Posted by Lil Ol' Radical Me View Post
    Well the original question was "Is being a moderator at a hyip forum, being ethical?"
    "Ethical" from the viewpoint of a total newb who has been through one program and decided he/she knows all there is to know and judge the whole industry is not the same "ethical" as for the industry veteran. If you stick around long enough, you might even find out why.

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    Re: Is being a moderator at a hyip forum, being ethical?

    Quote Originally Posted by Lil Ol' Radical Me View Post
    I have a genuine problem with that argument. Even if the mod doesnt participate or profit from any of the scams discussed, the HYIP forums wouldn't even be there without the existence of illegal HYIPs. Ergo any participation that isn't attempting to call out the programs for what they are doesnt seem very ethical to me. JMHO
    So in order to be an "ethical" mod one needs to be camped out in the hyip folder calling out all the programs as ponzi scams???....

    Maybe you should think outside the box....There is a lot of good that a mod can do in fighting the good fight without trolling the hyip folder...
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    lrapshop is offline Member
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    Re: Is being a moderator at a hyip forum, being ethical?

    You can't use the same disclaimers. To monitor HYIPs, you have to participate in them. That makes you directly involved as opposed to being a third party advertiser like forums that sell ad spots. You can't be protected by the First Amendment like the forums.
    So are their basical rules for disclaimers? Its true that we participated in them, with the fee for listing. But still the monitor offers information, just like a forum would do. Just like a forum, the user is free to enter the hyip arena. My opinion, the diffrence is pretty small, as long the monitor is objective. Indeed, when subjectivity and his own money comes in the center, I think its pretty onethic.

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    Finix is offline Banned
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    Re: Is being a moderator at a hyip forum, being ethical?

    Quote Originally Posted by lrapshop View Post
    So are their basical rules for disclaimers?
    No one can give you legal advice online. The general rule of thumb is that you need as many disclaimers as would protect you from a lawsuit should the people who will have gained losses from the HYIPs they joined from your ad pursue such a road.

    The first thing you have to do is to consult a lawyer to find that out what are your exact legal liabilities in your jurisdiction for promoting HYIPs to others via reflinks.

    If you do not refer, and do not make any statements about HYIPs you monitor outside of statement of your own earnings, you need to find out from the lawyer what are your liabilities for omission of the typical earnings disclaimers.

    If you do not have resources for doing things properly but still wish to pursue the idea of the HYIP monitor, then you'd better be in the jurisdiction where the existing laws are unenforceable for some reason or another. If this is the road you choose to take, it doesn't matter what disclaimers you use, as they will not protect you from the applicable laws.

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    Re: Is being a moderator at a hyip forum, being ethical?

    It's as ethical as being a moderator in a pedophile forum, child porn forum, or any other forum that's centered around illegal activities that end up destroying people's lives.

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    Finix is offline Banned
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    Re: Is being a moderator at a hyip forum, being ethical?

    Quote Originally Posted by surfer View Post
    It's as ethical as being a moderator in a pedophile forum, child porn forum, or any other forum that's centered around illegal activities that end up destroying people's lives.
    I dunno about you, but if I were one of the victims, I'd prefer someone more neutral than perps themselves modding. JMO, of course.

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    wserra is offline Senior Member
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    Re: Is being a moderator at a hyip forum, being ethical?

    I'm a little late to the conversation but - this may be hard to believe - I do have an opinion.

    Being a mod in a HYIP forum is something akin to being cruise director on the Titanic - and knowing in advance that the ship is going to sink. The only ethical mode of operation is to tell everyone the truth up front. A sticky: "See all that stuff below? Every one is a ripoff. If you have any cash left after using it to start your evening fire, maybe you want to 'invest'. Otherwise, the Fly-by-Night Oil Exploration and Storm Door Repair Company is a better choice."

    Anything else you do as a moderator is giving your imprimatur, to some degree or another, to thieves.
    "A wise man proportions belief to the evidence."
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    Re: Is being a moderator at a hyip forum, being ethical?

    Quote Originally Posted by wserra View Post
    I'm a little late to the conversation but - this may be hard to believe - I do have an opinion.

    the Fly-by-Night Oil Exploration and Storm Door Repair Company is a better choice."

    Anything else you do as a moderator is giving your imprimatur, to some degree or another, to thieves.
    Sorry, all my spare cash is invested in 1977 calendars. When 1977 comes around again I'll be rich, rich, rich....!
    It seems like in this "industry" common sense is not all that common!

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    Finix is offline Banned
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    Re: Is being a moderator at a hyip forum, being ethical?

    Quote Originally Posted by wserra View Post
    The only ethical mode of operation is to tell everyone the truth up front.
    Using your Titanic example, the only thing telling the truth up front would accomplish is get you locked up in your cabin for the duration of the trip. In such a situation and with your approach, you'd be totally useless even to yourself, let alone anyone else.

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    Re: Is being a moderator at a hyip forum, being ethical?

    Quote Originally Posted by Finix View Post
    Using your Titanic example, the only thing telling the truth up front would accomplish is get you locked up in your cabin for the duration of the trip. In such a situation and with your approach, you'd be totally useless even to yourself, let alone anyone else.
    On the contrary, the passengers would disembark before the ship set sail and would not end up shipwrecked. Likewise, if mods warn members and forum readers of the ills of the programs, they will probably not join. Ok, it would mean that the leaky ship would go out of business and the dodgy HYIP forum would do likewise, but who cares. It's not as if they do any good in the first place

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